News from BetaKit

Ubisoft closes Winnipeg office, laying off another 65 staff

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Alex Riehl @ BetaKit 1 place · 06/12/2026 17:48 EDT

French game developer continues cost-cutting measures just months after closing Halifax office. Read more ›

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Platform Innovation Centre promised $3.3 million in provincial, municipal funding ahead of official launch

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Meagan Simpson @ BetaKit · 06/01/2022 15:38 EDT

As the Platform Innovation Centre is set to host an opening party later today, the provincial government and the City of Calgary have promised a collective $3.3 million to put the final touches on the long-awaited space. The Government of Alberta has committed $1.8 million over three years while Calgary’s City Council has approved $1.5 million. The government funding marks three levels of government that have invested in the Centre... Read more ›

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“Canary in the coal mine”: TikTok presentation shows Big Tech’s influence on Bill C-11 debate

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Kelsey Rolfe @ BetaKit · 06/01/2022 15:06 EDT

Is the clamouring against Bill C-11 a "grassroots lobbying effort" or Big Tech machinations against regulation? Read more ›

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SoulRooms launches initiative to help Ukrainian refugees find homes in Canada

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Charlize Alcaraz @ BetaKit 2 place · 06/01/2022 06:00 EDT

Plus: Canadian org launches app to expedite refugees’ arrival into Canada. Read more ›

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A|I: The AI Times – Is Canada’s IP strategy paying off?

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Michael Edgar @ BetaKit · 06/01/2022 05:00 EDT

Plus: The alarmingly accurate face search engine anyone can use. Read more ›

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BC startups Kardium, HTEC, Kobalt, Symvivo receive cumulative $11.1 million from feds

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Charlize Alcaraz @ BetaKit 3 place · 05/31/2022 17:37 EDT

The four recipients operate in the life sciences, cleantech, and digital sectors. Read more ›

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Jennifer Couldrey to depart executive director role at The Upside Foundation

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Charlize Alcaraz @ BetaKit 3 place · 05/31/2022 15:22 EDT

General manager Maria O’Reilly assumes interim ED position. Read more ›

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Inossem raises $3.5 million CAD to bolster R&D, add engineers

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Charlize Alcaraz @ BetaKit · 05/31/2022 12:55 EDT

Inossem aims to help Canadian mid-sized businesses with business automation. Read more ›

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Why Canalyst’s Damir Hot thinks every entrepreneur should have a co-founder

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Stefan Palios @ BetaKit · 05/31/2022 09:51 EDT

Establish complementary skillsets buoyed by a shared hatred of losing. Read more ›

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Pine comes out of stealth to build “Wealthsimple for home buying”

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Meagan Simpson @ BetaKit 2 place · 05/31/2022 06:00 EDT

Pine has secured $27 million since it was founded in 2021. Read more ›

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Manzil looks to expand Halal financial services platform with $2.44 million CAD, acquisition of Muslim Will

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Josh Scott @ BetaKit · 05/31/2022 06:00 EDT

Manzil’s mandate is “to bring a digital Islamic financial institution to Canada.” Read more ›

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S|W: The SaaS Weekly – VMwares for sale… sold!

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Michael Edgar @ BetaKit · 05/31/2022 05:00 EDT

Plus: Humi closes $31 million Series B. Read more ›

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Acquisitions drive revenues at Emerge Commerce and Plurilock Security

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Charles Mandel @ BetaKit · 05/30/2022 16:44 EDT

Both companies report revenue increases for the first quarter of 2022. Read more ›

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Lendified expressed doubts about moving forward as a company after posting first quarter loss

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Charles Mandel @ BetaKit · 05/30/2022 15:55 EDT

Lendified said it is running an accumulated deficit of $52.2 million. Read more ›

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Think Research sees 142 percent rise in Q1 revenue fuelled by acquisitions, “major contract wins”

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Josh Scott @ BetaKit · 05/30/2022 15:24 EDT

Despite Omicron-related “setbacks,” Think Research sees strong Q1 revenue growth. Read more ›

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Mara Renewables raises $39.5 million to expand algae-based offerings

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Charlize Alcaraz @ BetaKit · 05/30/2022 14:57 EDT

Mara wants to promote use of Omega-3 from under the sea. Read more ›

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F|T: The FinTech Times – Crypto losses mount as Canadian companies join anti-money laundering standard

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Michael Edgar @ BetaKit · 05/30/2022 06:30 EDT

Plus: A third of Bolt's staff checks out. Read more ›

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Able Innovations announces $7.5 million to take the pain out of patient transfer

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Josh Scott @ BetaKit 2 place · 05/30/2022 06:01 EDT

Amid staffing shortages, Able aims to enable healthcare workers to “do more with less.” Read more ›

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Canadian startup news of the week (5/29/22)

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Michael Edgar @ BetaKit 1 place · 05/30/2022 05:00 EDT

Plus: Wealthsimple among international group of companies joining anti-money laundering crypto standard. Read more ›

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Memorial University to launch two innovation initiatives with support from feds, provincial government, IBM Canada

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Charlize Alcaraz @ BetaKit 1 place · 05/27/2022 15:37 EDT

IBM’s contribution includes hardware, software, staffing. Read more ›

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The federal government wants to address Canada’s intellectual property woes, but is it’s strategy paying off?

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Isabelle Kirkwood @ BetaKit 2 place · 05/27/2022 06:01 EDT

The feds underscored IP in this year’s budget, but some experts point to missed opportunities. Read more ›

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